Minneapolis, Minnesota, USA
4 days ago
Vice President of Finance

M/I Homes has been building new homes of outstanding quality and superior design for more than 40 years. Founded in 1976 by Irving and Melvin Schottenstein and guided by Irving’s drive to always “treat the customer right,” we have fulfilled the dreams of over 140,000 homeowners and grown to become one of the nation’s leading homebuilders. M/I Homes started as a family business and grew into a national leader in a single generation with divisions in 17 markets, including Austin, Charlotte, Chicago, Cincinnati, Columbus, Dallas, Detroit, Ft. Myers/Naples, Houston, Indianapolis, Minneapolis, Nashville, Orlando, Raleigh, San Antonio, Sarasota, and Tampa.

Job Summary

Acts as a business partner to the Area President with a focus on and accountability for division operations, process improvements, and maximizing financial performance.  Primary financial contact for Area/Division Presidents, department heads, and other division personnel. Serves as a liaison between divisions and executive management. Responsible for providing accurate and timely financial information.

Salary Range: $160,000 - $225,000 per year, depending on experience and qualifications.

This position is eligible for an annual bonus at the discretion of management, based upon considerations that include the division’s and candidate’s overall performance.

Duties and Responsibilities

Prepares and assists in the execution of the Division’s Annual and Revised homebuilding Budgets. Maximizes operational results related to margin, net income, and return on investment through sharp focus on division investment, house plan pricing and costs, cycle times, and overheads Ensures that all division policies and procedures promote efficiency, compliance with internal controls and the greater well-being of the division. Reviews analysis of potential land deals to ensure they add benefit to the division investment portfolio. Monitors land budgets, change orders, job costs and reserves to maintain accuracy of budgets. Responsible for maintaining accuracy and reliability of backlog. Supports purchasing team in monitoring of direct construction costs and job cost variances. Analyzes monthly financial statements and provides guidance on the Division’s financial performance. Monitors balance sheet items to include land & homebuilding WIP, escrows, and accruals. Manages accounts payable personnel and other division personnel where necessary. Assists Corporate Accounting with Sarbanes Oxley compliance. Supports IT with Information Systems implementations: JDE, HMS, etc. Assists the Area Presidents, Region Presidents, and corporate teams with special projects.
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